Onto Innovation Inc. (ONTO)
NYSE: ONTO · Real-Time Price · USD
187.77
-4.28 (-2.23%)
Sep 18, 2024, 4:00 PM EDT - Market closed

Onto Innovation Statistics

Total Valuation

ONTO has a market cap or net worth of $9.27 billion. The enterprise value is $8.50 billion.

Market Cap 9.27B
Enterprise Value 8.50B

Important Dates

The next estimated earnings date is Thursday, November 7, 2024, after market close.

Earnings Date Nov 7, 2024
Ex-Dividend Date n/a

Share Statistics

ONTO has 49.38 million shares outstanding. The number of shares has increased by 0.33% in one year.

Shares Outstanding 49.38M
Shares Change (YoY) +0.33%
Shares Change (QoQ) +0.07%
Owned by Insiders (%) 0.76%
Owned by Institutions (%) 98.01%
Float 48.97M

Valuation Ratios

The trailing PE ratio is 56.04 and the forward PE ratio is 31.89.

PE Ratio 56.04
Forward PE 31.89
PS Ratio 10.29
Forward PS 9.15
PB Ratio 5.06
P/FCF Ratio 50.59
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 39.09, with an EV/FCF ratio of 46.39.

EV / Earnings 51.23
EV / Sales 9.48
EV / EBITDA 39.09
EV / EBIT 56.44
EV / FCF 46.39

Financial Position

The company has a current ratio of 9.33, with a Debt / Equity ratio of 0.01.

Current Ratio 9.33
Quick Ratio 6.90
Debt / Equity 0.01
Debt / EBITDA 0.08
Debt / FCF 0.10
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 9.52% and return on invested capital (ROIC) is 5.34%.

Return on Equity (ROE) 9.52%
Return on Assets (ROA) 4.92%
Return on Capital (ROIC) 5.34%
Revenue Per Employee $599,341
Profits Per Employee $110,886
Employee Count 1,497
Asset Turnover 0.47
Inventory Turnover 1.30

Taxes

In the past 12 months, ONTO has paid $14.69 million in taxes.

Income Tax 14.69M
Effective Tax Rate 8.13%

Stock Price Statistics

The stock price has increased by +50.24% in the last 52 weeks. The beta is 1.37, so ONTO's price volatility has been higher than the market average.

Beta (5Y) 1.37
52-Week Price Change +50.24%
50-Day Moving Average 197.99
200-Day Moving Average 187.75
Relative Strength Index (RSI) 45.17
Average Volume (20 Days) 437,612

Short Selling Information

The latest short interest is 810,798, so 1.64% of the outstanding shares have been sold short.

Short Interest 810,798
Short Previous Month 710,898
Short % of Shares Out 1.64%
Short % of Float 1.66%
Short Ratio (days to cover) 1.30

Income Statement

In the last 12 months, ONTO had revenue of $897.21 million and earned $166.00 million in profits. Earnings per share was $3.35.

Revenue 897.21M
Gross Profit 460.55M
Operating Income 150.67M
Pretax Income 180.69M
Net Income 166.00M
EBITDA 217.56M
EBIT 150.67M
Earnings Per Share (EPS) $3.35
Full Income Statement

Balance Sheet

The company has $786.03 million in cash and $17.69 million in debt, giving a net cash position of $768.34 million or $15.56 per share.

Cash & Cash Equivalents 786.03M
Total Debt 17.69M
Net Cash 768.34M
Net Cash Per Share $15.56
Equity (Book Value) 1.83B
Book Value Per Share 37.12
Working Capital 1.24B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $212.65 million and capital expenditures -$29.34 million, giving a free cash flow of $183.31 million.

Operating Cash Flow 212.65M
Capital Expenditures -29.34M
Free Cash Flow 183.31M
FCF Per Share $3.71
Full Cash Flow Statement

Margins

Gross margin is 51.33%, with operating and profit margins of 16.79% and 18.50%.

Gross Margin 51.33%
Operating Margin 16.79%
Pretax Margin 20.14%
Profit Margin 18.50%
EBITDA Margin 24.25%
EBIT Margin 16.79%
FCF Margin 20.74%

Dividends & Yields

ONTO does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.33%
Shareholder Yield -0.33%
Earnings Yield 1.79%
FCF Yield 1.98%
Dividend Details

Analyst Forecast

The average price target for ONTO is $259.00, which is 37.94% higher than the current price. The consensus rating is "Strong Buy".

Price Target $259.00
Price Target Difference 37.94%
Analyst Consensus Strong Buy
Analyst Count 7
Revenue Growth Forecast (5Y) 18.08%
EPS Growth Forecast (5Y) 43.41%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

ONTO has an Altman Z-Score of 28.5 and a Piotroski F-Score of 5.

Altman Z-Score 28.5
Piotroski F-Score 5